Xos Quick Ratio from 2010 to 2024

XOS Stock  USD 3.44  0.07  1.99%   
Xos Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio is likely to outpace its year average in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
1.72952537
Current Value
1.8
Quarterly Volatility
2.05372696
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Xos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Xos' main balance sheet or income statement drivers, such as Interest Expense of 4 M, Depreciation And Amortization of 5.1 M or Selling General Administrative of 25 M, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0 or PTB Ratio of 1.07. Xos financial statements analysis is a perfect complement when working with Xos Valuation or Volatility modules.
  
Check out the analysis of Xos Correlation against competitors.

Latest Xos' Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Xos Inc over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Xos' Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Xos' overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Xos Quick Ratio Regression Statistics

Arithmetic Mean1.36
Geometric Mean0.75
Coefficient Of Variation151.17
Mean Deviation1.18
Median0.64
Standard Deviation2.05
Sample Variance4.22
Range8.4156
R-Value0.41
Mean Square Error3.79
R-Squared0.16
Significance0.13
Slope0.19
Total Sum of Squares59.05

Xos Quick Ratio History

2024 1.8
2023 1.73
2022 2.31
2021 8.45
2020 0.33
2019 0.0356

About Xos Financial Statements

Xos shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Xos investors may analyze each financial statement separately, they are all interrelated. The changes in Xos' assets and liabilities, for example, are also reflected in the revenues and expenses on on Xos' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 1.73  1.80 

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Additional Tools for Xos Stock Analysis

When running Xos' price analysis, check to measure Xos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Xos is operating at the current time. Most of Xos' value examination focuses on studying past and present price action to predict the probability of Xos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xos' price. Additionally, you may evaluate how the addition of Xos to your portfolios can decrease your overall portfolio volatility.